Reported about 13 hours ago
The 'Magnificent 7' stocks, including major companies like Nvidia, Tesla, and Google, are on track for their worst quarterly performance in over two years, lagging behind the S&P 500 as concerns about economic growth and high tech spending rise. With a significant drop in value, including a 44% decline in Tesla shares, analysts suggest that the future market rebound depends heavily on the performance of these influential stocks, which currently hold a large chunk of the market's capitalization.
Source: YAHOO